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Committee advances change allowing consideration of financial crimes in CPA license renewals

2219680 · February 4, 2025
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Summary

House Bill 2735 would restore or authorize consideration of financial criminal convictions in CPA license renewals after a 2022 statute change, the sponsor said; committee passed the bill unanimously.

Representative Kendrick presented House Bill 2735 to the House Business Committee, saying the bill responds to a 2022 statute change that disallowed considering criminal convictions when renewing licenses. Kendrick said the measure would allow boards to consider convictions “when crime is of a financial nature” — for example, embezzlement — when evaluating CPA license renewals.

The sponsor told the committee that a CPA’s role in financial matters justifies making financial crimes a factor in renewal decisions.

There were no questions recorded that altered the bill’s scope in the excerpt. Committee members moved and seconded the motion to adopt, and the clerk recorded the vote and declared the bill to pass in committee.

Votes at a glance: House Bill 2735 — motion to adopt moved by Representative Kendrick; committee vote recorded as 9 ayes, 0 nays in the transcript.